News

The government reported that tax revenue of 978 billion rupees was lost due to the tax concessions given in the fiscal year 2022-23 (April to March). (Sri Lanka Latest News) The amount of tax revenue thus lost is 56% of...

Member of Parliament Mr D. Weerasinghe said Pohottuwa that the current government has been accused of not having a mandate.Sri Lanka Latest News He said that if Mr Namal Rajapaksa is selected as the party's candidate, it will be the...

Ports Authority Chair says unaware of 21 Apr.-due-ship’s content and how much to SL Notes that majority of the cargo is to other destinations via SL  Merely because the cargo ship that collided with a bridge in Baltimore, United States...

Sri Lanka Rupee (LKR) ranks top performer among emerging market currencies in the first quarter (1Q) of 2024 with over 7 % spot returns, Bloomberg market data showed. Accordingly, the Sri Lankan Rupee has recorded a spot return of 7.77% by the...

India is negotiating a bilateral investment treaty with Sri Lanka while both countries are looking to open up the market for apparel and service exports through the Economic and Technological Cooperation Agreement (ETCA), Indian High Commissioner to Sri Lanka Santosh...

According to an official, Sri Lanka is currently unaware of the type of hazardous materials that were on board the Singapore cargo ship Dali, which Maersk had chartered. The ship crashed into a bridge in Baltimore, US on March 26...

Five leading export associations have urged the authorities to address the pressing challenges posed by the Sri Lankan rupee's appreciation against the US dollar. They also highlighted additional barriers, such as restrictions on foreign currency movement between commercial banks and...

Japan’s Deputy Head of Mission Kotaro Katsuki on Saturday asserted that without restructuring the external debt, Sri Lanka cannot move forward.“Therefore the external debt restructuring must be concluded with a sense of urgency,” said Kotaro speaking at the Daily FT-BOI...

Startling revelations surfaced in Parliament regarding the exorbitant profits reaped by a select few businessmen who imported B onions over the past year. Shockingly, it has come to light that these individuals have amassed profits exceeding Rs. 80 Billion. It...

Five police officers, including the Horovpatana police OIC, saluted and apologized in Sinhala style before the Supreme Court today (01) to the three persons arrested and released on suspicion of being detained in connection with the Easter terror attack.Sri Lanka...